Tangoe Celebrates 25 Years of IT Expense Management Innovation 

25-blog-hero

Twenty-five years ago, Tangoe’s founders recognized that enterprises were ill-equipped to rein in the billions of dollars wasted annually on their telecommunications assets and services. Their solution was bold — develop a groundbreaking software platform designed to slash costs, drive financial management efficiency, and achieve triple-digit ROI on corporate IT investments. That’s when Tangoe’s IT expense management platform was born, making us an industry pioneer.   

A Legacy of Innovation in IT Expense Management

Fast forward to today, and Tangoe has both fulfilled our founders’ vision, consistently breaking new ground, entering new markets, and expanding offerings with the industry’s first complete IT expense and asset management solution for telecom, mobile, and cloud. For more than two decades, this company has evolved with emerging technologies to enable financial insights and business continuity for our clients. 

Fast forward to today, and Tangoe has both fulfilled our founders’ vision, consistently breaking new ground, entering new markets, and expanding offerings with the industry’s first complete IT expense and asset management solution for telecom, mobile, and cloud. For more than two decades, this company has evolved with emerging technologies to enable financial insights and business continuity for our clients. From the early days of robotic process automation to today’s AI-driven automation, Tangoe has become a mission-critical partner for over half of F500 companies seeking efficiency, cost savings, and return on investment (ROI) for their digital transformations. As businesses of all sizes grapple with a growing number of IT assets and expenses, Tangoe helps clients navigate shifting IT landscapes to simplify, manage, and optimize their resources for increased productivity and cost savings. 

Perfected over 25 years, Tangoe’s ITEM platform is driving ingenuity through a growing portfolio of 70+ patents, and the largest ecosystem of global partners and clients. With broader capabilities alongside the largest technology spend under management, Tangoe has redefined what’s possible, providing business leaders across every industry with unmatched ways to reduce IT risk, improve financial predictability, and enhance the viability of their digital innovation strategies. 

Explore the full list of Tangoe’s 2024 patent grants and innovations here. 

A Roster of Client Value: 25 Impact Metrics 

Our industry momentum and leadership shine through a notable list of impact metrics below, which showcase the value our clients experience every day.   

  1. 370,000 invoices are processed every month on behalf of global financial leaders and IT teams trying to manage an increasing number of service providers 
  1. 750,000 inventory records for fixed circuits are built every year for IT leaders needing to stay on top of their complex networks 
  1. 1.1M client orders were fulfilled in 2024 with a 99.7% accuracy rate for procurement leaders needing a way to simplify purchasing processes 
  1. 14M mobile devices are managed every day so mobility leaders can maintain security, compliance, and continuity for their businesses 
  1. $15B in IT Spend is managed so executives can rest assured that every dollar is delivering business value to their organization 

At the end of the day Tangoe’s clients save countless hours of productivity, achieve triple-digit ROI on their tech investments, and reduce IT expenditures by 20-40%.  
 
See all 25 of Tangoe’s client value metrics.  

A Community Unified behind One Company Mission and Vision 

Our 25th anniversary is a celebration of Tangoe’s journey, growth, and accomplishments as much as it is a moment to sincerely thank those who have helped us get to where we are today. Our community is a vast and global team of employees, partners, and service providers who remain dedicated to our company mission and values. What began as a focused solution for telecom professionals is now recognized as the preferred package of software and managed services trusted by IT, financial, and procurement leaders from top companies around the world. Through our partnership, clients can eliminate telecom service disruptions with timely invoice payments and ensure their global workforce stays productive with a fleet of secure and compliant mobile devices.

A Maturity Milestone but also a Turning Point 

Our portfolio has expanded from telecom expense management and mobile device management to hybrid cloud cost optimization and a team of more than 60 consultants providing market price intelligence, cost benchmarking and contract negotiations. Every year, Tangoe helps businesses of all sizes save $590 million on average, reinforcing our status as an established and trusted partner.  

But 25 years is more than a maturity milestone—it’s a turning point and a commitment to the next 25 years. This moment is not just about reflecting on how far we’ve come—it’s about acknowledging the innovation that lies ahead. 

Tangoe is a market force that will continue to shape the future of IT financial management and asset management. We’ll remain committed to pushing the boundaries of ingenuity, safely and responsibly leveraging emerging technologies. In the new frontier, we’ll break new boundaries in value creation, ensuring that our clients, partners, and employees alike are equipped to thrive in an increasingly complex digital world. 

Here’s to the next 25 years of leading, transforming, and redefining the future of IT expense management. 

Thank you for 25 years of success and happy 25th anniversary Tangoe!

Explore more Tangoe milestones and insights that mark this special moment.